Consumer Spending Rose 0.4%, Showing More Confidence After Slow First Quarter

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Consumer spending climbed 0.4% in May, suggesting a key pillar of the U.S. economy has bounced back after a lackluster start to the year.

Airbnb Plans Dual Stock Sales to Push Off IPO

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Airbnb lined up investors for a new funding round and an employee stock sale that values the room-rental website at up to $30 billion and helps defer an initial public offering, said people familiar with the matter.

GM's U.S. Market Share Shrinks as Auto Sales Peak

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U.S. market share for the nation’s largest car maker has tumbled to a more than three decade low amid strong demand as its dealers say they are saddled with too many cars and too few pickups and SUVs.

Monsanto Mum on Bayer Deal as Profit, Sales Slip

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Monsanto said it has been discussing deals with Bayer and others, adding there is value in the “right combination,” as the biotech seed giant navigates numerous challenges facing the agricultural sector.

Amazon Gets Back in the Phone Business

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Amazon is back in the smartphone business, selling two Android smartphones, one for just $50, subsidized by Amazon ads.

How the 'Bralette' Has Upended Victoria's Secret

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Victoria’s Secret has a problem and it’s not much of a secret: athleisure is upending the bra business.

Massachusetts Court to Hear Next Chapter in Redstone Saga

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A Massachusetts court is preparing for a hearing Thursday in the latest chapter of the legal battle surrounding media mogul Sumner Redstone.

United Continental Flight Attendant Leaders Endorse Tentative Deal

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The elected leaders representing 25,000 flight attendants at United Continental Holdings Inc. unanimously agreed to put a tentative contract agreement to a membership vote later this year, the union said.

U.S. Pending Home Sales Fell 3.7% in May

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A gauge of upcoming home sales slid in May, a possible sign of slowing in the U.S. housing market heading into the summer months.

Hard Rock Las Vegas Reports Card Data Breach

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The Hard Rock Hotel & Casino in Las Vegas said Monday that customer payment-card data was accessed after malware was placed on the resort’s payment-card system, becoming the latest hotel to report such a breach.

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